NOT LISTED FOR SALE

628 E 55th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $617,000 - $692,562

4 Beds
2 Baths
1,026 Sq Ft
$643/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $630,000 $614 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,919/month

38 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Neighborhood Views
  • Back Yard
  • 3-minute walk to South Los Angeles Wetlands Park

About This Home

As of February 2024

Back on the Market No Fault to the property.!!! Welcome to this very comfortable home that has been loved by the current owners for many years. And has always been very well maintained. This home has spacious 4 comfortable bedrooms 2 Bathroom. With nice features such as laundry room and additional bonus spaces. Enjoy this spacious lot size and create new summer memories in your next family home. Contact your favorite agent for showings. Rear studio is now vacant. Close to Major freeways and The best Los Angeles has got to offer.

Last Agent to Sell the Property

Miguel Valencia

Century 21 Realty Masters Brokerage Phone: 323-403-8896 License #02005003 Listed on: 11/28/2023

Century 21 Realty Masters

Last Buyer's Agent

Alex Cabrera

Prime Time Realty & Associates License #01857177

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 5,441 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR2

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 5144
  • Assessor Parcel Number 5103012010

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5103012010
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1026.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Decorative
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 614.04
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5441.00
  • Lot Size Acres: 0.1249

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5441.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2294.20
  • Tax Lot: 57
  • Tax Tract Number: 5144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Feb 12, 2024
Sold by
Velazquez Chantelle
Bought by
Velazquez Daniel Velazquez Da
Seller's Agent
Miguel Valencia
Century 21 Realty Masters
Buyer's Agent
Alex Cabrera
Prime Time Realty & Associates
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Views
224
Current Estimated Value
$650,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,154
Avg. Annual Appreciation
2.46%
Original Mortgage
$504,000
Outstanding Balance
$494,616
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$165,025

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jan 2, 2024
Sold by
Salazar Nelson and Salazar Martha I
Bought by
Velazquez Daniel and Velazquez Mayra A
Seller's Agent
Miguel Valencia
Century 21 Realty Masters
Buyer's Agent
Alex Cabrera
Prime Time Realty & Associates
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Views
224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$494,616
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$165,025

Purchase Details

Closed on
Oct 12, 2006
Sold by
Salazar Nelson
Bought by
Salazar Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2006
Sold by
Alvarez Martha Idania and Lalvarez Martha
Bought by
Salazar Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2005
Sold by
Herrera Juan Carlos
Bought by
Salazar Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.24%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 9, 1992
Sold by
Cantarero Jose Manuel
Bought by
Herrera Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,716
Interest Rate
8.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Velazquez Daniel Velazquez Da -- California Best Title Company
Velazquez Daniel $630,000 California Best Title
Salazar Nelson -- Gateway Title
Salazar Nelson -- Gateway Title
Salazar Nelson $760,000 Stewart Title Riverside
Herrera Juan Carlos -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Daniel $504,000
Previous Owner Salazar Nelson $375,000
Previous Owner Salazar Nelson $304,000
Previous Owner Herrera Juan Carlos $7,716
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $630,000 +5.2% $614 / Sq Ft
02/12/2024 02/12/24 Price Changed $599,000 0.0% $584 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/18/2023 12/18/23 For Sale $599,000 0.0% $584 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/28/2023 11/28/23 For Sale $599,000 -- $584 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,266 $642,600 $569,772 $72,828
2024 $6,266 $509,101 $379,956 $129,145
2023 $6,144 $499,119 $372,506 $126,613
2022 $5,858 $489,333 $365,202 $124,131
2021 $5,717 $474,000 $354,000 $120,000
2019 $4,782 $395,000 $295,000 $100,000
2018 $4,582 $375,000 $280,100 $94,900
2016 $3,379 $277,000 $207,000 $70,000
2015 $3,187 $260,800 $194,500 $66,300
2014 $2,963 $236,000 $176,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Miguel Valencia

    Century 21 Realty Masters

    (323) 722-7700

    2 in this area

    44 Total Sales

    Miguel Valencia
    Section Image
  • Alex Cabrera

    Buyer's Agent in 2024

    Alex Cabrera

    Prime Time Realty & Associates

    (562) 367-4946

    1 in this area

    17 Total Sales

    Alex Cabrera
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23217373

California Regional Multiple Listing Service (CRMLS)

APN: 5103-012-010

California Los Angeles County Los Angeles 90011 South Park

628 E 55th St, Los Angeles, CA

Not Listed for Sale

Detached

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